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Top News Links: Thursday, August 30

Funding referendum

Gov. Robert Bentley reaffirms his plan to leave state agencies short of funds if voters refuse to tap the state trust fund account in a Sept. 18 vote; Bentley said he prefers to sacrifice state services rather than raise taxes and that if lawmakers approve a tax increase next session, he will veto it.  — Birmingham News

Support for referendum waning among conservatives. — Dothan Eagle

Gulf coast ready for tourists

Isaac has blown on past and Gulf Coast communities are mopping up the mess so they're ready for tourists over the Labor Day holiday, beach town officials say. — Bloomberg Businessweek

Jefferson County to file recovery plan this year

Jefferson County officials told Dow Jones they expect to file their plan for emerging from bankruptcy before the year is out. — Nasdaq

Alabama jobs lost to China, report says

A new report from the Economic Policy Institute says Alabama has lost 43,800 jobs to China in the past 10 years. — Birmingham News

Peoples Bank invests in start-up

Peoples Bank of Alabama, based in Cullman, is among investors in a start-up company, ZeroRPM, which has devised a power system for car accessories that works with the ignition off. — Market Watch

Big Airbus sale to China

Airbus announced a $4 billion, 50-plane sale to China this week, with speculation that Airbus' Chinese assembly line will be extended, to produce  the same 320neo craft there that will be built at a soon-under-construction Airbus line in Mobile. — Fox Business

SAIC teams with Croatian robotic mine-clearing firm

SAIC and Croatian team in pursuit of Army mine-clearing contracts; demonstrate products in Huntsville. — Huntsville Times

Adtran upgrades its Bluesocket capabilities

Huntsville-based Adtran has announced improvements to its Bluesocket wireless LANs to allow easier access to cloud-based systems. — eChannelLine USA

Colonial Properties Trust, CPSI ratings change

Barclays cut its price target for Colonial Properties Trust from $24 to $23 while Avondale Partners changed its rating of Mobile-based CPSI from "outperform" to "market perform." — CNBC, Daily Political

Railroads, others carriers and tax questions

A federal judge in northern Alabama rules that the state's diesel fuel tax exemptions, although different for railroads, trucks and other carriers, do not violate federal railroad regulations. — Bradley Arant in JD Supra

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